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If You Sell an Energy Company, Sell for the Right Reasons

Both Halcon Resources and Kodiak Oil & Gas saw big drops in share price after they missed earnings, but that isn't a reason to sell these companies.

An earnings miss can cause a company to drop a few points, but both Halcon Resources(NYSE:HK) and Kodiak Oil & Gas(NYSE:KOG) saw a good chunk of investors sell after missing Wall Street earnings expectations. For these two young companies, it's very hard to justify a mass exodus based on an EPS miss of a few cents when so many things are going right on the production side of the business.

If you are going to sell shares in a company like Halcon Resources or Kodiak Oil & Gas, then you should do it for the right reasons. Tune into the video below to find out a good reason to sell a company and whether Halcon and Kodiak are sell candidates right now.